TASHKENT, Uzbekistan, April 18. Navoi Mining and Metallurgical Company (NMMC) has hit the jackpot with a remarkable surge in gold production, clocking in at 3.10 million ounces in 2024.
According to data obtained by Trend from NMMC, this marks a 5.4 percent rise compared to the 2.94 million ounces produced in 2023. The growth was driven by the launch of new mining and processing facilities over the course of the year, enhancing the company’s operational capacity and efficiency.
In the interim, NMMC's fiscal year 2024 revenue trajectory
escalated to an unprecedented $7.4 billion, reflecting a remarkable
29.8 percent increase from the prior fiscal year's $5.7 billion —
marking the zenith of annual revenue in the organization's
historical performance metrics.
Navoi Mining and Metallurgical Company (NMMC) stands as a
preeminent entity within Uzbekistan's industrial landscape,
specializing in the extraction and refinement of high-value metals,
notably gold and uranium.
